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We all know that tax rises are on the way but what and where?  One area now being looked at is Capital Gains.  There is talk of a reduction in

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I wonder if any readers felt a little better on Sunday?  A little brighter and happier?  Sunday May 30 was ‘tax freedom day’, a concept used by a number of

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It is clear that the map of the UK taxation system will be torn up and re-drawn over the next few weeks.  Thankfully the new Chancellor has looked at his

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Readers of this blog may recall an earlier entry from me relating to penalties imposed by HM Revenue & Customs (see blog ‘Taxman gets tougher’).  The background was that a

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I recall reading in the paper a while back about Government outrage at ‘door step’ ‘loan sharks and the high rate of interest they charge on small loans. The outrage

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A story reported recently in the national press is a clear example of the new tough line HM Revenue & Customs are adopting. A self-employed individual without an accountant calculated

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As you are probably aware, Labour planned to scrap the beneficial treatment of furnished holiday lets (“FHL”) from 6 April 2010.  Under the existing rules, FHL were treated as a

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A recent VAT Tribunal case Enersys Holdings UK Ltd has highlighted the potential to revisit penalties charged by HMRC where the penalty is disproportionate to the error made. In this

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I am sometimes amazed where people get their advice from.  I was at a seminar this week and was told, over coffee, by one of the businessmen there that he

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With Christmas nearly upon us, I thought it would interest readers to know some of the tax rules that surround some Christmas traditions at work. Firstly, the Christmas party: Ordinarily,

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As a follow up to my earlier blog, here are some more unusual taxes from the past and more tax planning, which shows that no matter how crafty the Taxman, those

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It’s not just this Government that is always looking for new things to tax. Throughout history, the Taxman has sought new ways to get money…and the diligent tax planner has